Episode 23

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Published on:

24th Jun 2021

Maryland's Ad-tax: Going Fishing for Revenue?

In this episode of the SALTovation podcast, Alexander Korzhen and Stacey Roberts, from TaxOps’ SALTovation Team, talk about the state of Maryland’s new digital advertising tax that is scheduled to go into effect in 2022. Alex and Stacey discuss what they know about this new tax so far and what it could mean for taxpayers.

 


What You Will Discover:


  • [00:30] What is this new tax


  • [04:37] The practitioner community’s response


  • [05:21] How it compares to international digital taxes


  • [07:36] Other states that have similar proposed legislation

 


Quotables:


  • “It’s startling in its vagueness, which is why it has received so much feedback and been surrounded in controversy. ” - Alexander Korzhen [00:49]


  • “That broad definition, I would imagine there’s a lot of taxpayers out there that could get caught up in it, and they may not necessarily know.” - Stacey Roberts [04:29]


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Production Support

This episode was produced with support from Truth Work Media. www.truthworkmedia.com

Mentioned in this episode:

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About the Podcast

SALTovation: Making Sense of State and Local Tax
Welcome to SALTovation. The SALTovation show is a podcast series featuring the leading voices in state and local tax (SALT). Here we talk about issues, strategies, and planning tools to help you make sense of SALT. Because, in SALT, there is no “one and done.” SALT is a puzzle of ever-changing pieces. Solving that puzzle is our business at SALTovation. Tens of thousands of listeners know they won't get tax talk as usual with the SALTovation team. Our team is known for straight-talk with a flair for fun, providing clarity and opinions that move businesses forward with confidence.

Attorney, CPA, speaker, and writer Judy Vorndran leads the SALTovation team as they go inside business to help deal with the daily operations and long-term strategies of making SALT less “taxing.” Judy has spent more than 25 years advocating for businesses with innovative strategies, renowned knowledge and experience. She has helped guide thousands of taxpayers across the nation and globally through the morass of SALT, freeing them to concentrate on growth. Joining Judy are the wickedly smart members of the SALTovation team, who have seen, worked with and tamed some of the most prickly issues in SALT. They enjoy sharing their stories and knowledge with listeners.

Solving the SALT puzzle doesn’t happen in a vacuum; it takes a community. So, we invite leaders in business and state and local tax to share their stories, challenges and successes on this show. Drop us a line at SALTovation.com if you'd like to join the conversation and tune into our regular series at TaxOps.com.